HONG KONG — Asian markets built Friday on the latest global rally after a jumbo US interest rate cut this week, while the yen edged up after the Bank of Japan (BoJ) decided against another hike.
Traders have been put in a bullish mood by the Federal Reserve's (Fed) decision to go big on its first reduction since the start of the Covid pandemic — opting for 50 basis points instead of 25 — and pledging more would come.
Register to read this story and more for free.
Signing up for an account helps us improve your browsing experience.
ContinueOR
See our subscription options.
Already have an account? Log in here